The concept of competitive neutrality can be used to assess how far a market is from being a competitive environment. In China, competitive neutrality is lacking, with state-owned firms favoured in most sectors, even over Chinese private firms.
An examination of China’s participation in the World Trade Organization, the conflicts it has caused, and how WTO reforms could ease them.
The Comprehensive Agreement on Investment (CAI) is supposed to improve market access for European companies operating in China and to ensure a level playing field, as well as reciprocity. Does it fulfil such expectations?
For the moment, it does not look like we have the basis for greater and deeper economic relations with China. However, dismissing China and the opportunities that it creates for global cooperation would also be a mistake.
Why rush a deal that is so inherently complex?
A look into the potential Comprehensive Agreement on Investment between China and the European Union.
An ageing population is generally bad news for growth prospects, but Japan and Taiwan offer important lessons.
COVID-19 almost one year on, it is time to assess who passed the test, and who failed.
The European Union owes much of its economic weight to its regional value chain and integration into the global value chain. But the EU’s global value chain role is shrinking, and while EU trade integration with China is increasing, it is mainly to China’s benefit, undermining the EU’s external competitiveness.
How can we ensure fair competition between European firms and Chinese state-backed players?